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Cyber Security

FICO Awarded Eight New Patents for Cybersecurity, AI, Decision Management

FICO has been awarded eight new patents related to cybersecurity and advanced analytics. FICO now holds 173 US and foreign patents, and has 91 pending patent applications. In the area of cybersecurity, FICO’s new patent for “Cyber Security Adaptive Analytics Threat Monitoring System and Method” uses self-learning artificial intelligence models and novel machine learning adaptive behavioral analytics to detect malware. Network flow ... Read More »

FICO and EC Wise Announce Partnership for Streamlining Cybersecurity Risk Assessment and Mitigation

Cybersecurity solution provider and systems integrator EC Wise and Silicon Valley analytic software firm FICO announced that EC Wise has joined FICO’s Enterprise Security Score partner program.  Through the partnership, EC Wise will incorporate the  into its EC:Secure portfolio of products and services, which enable clients to accurately assess cybersecurity risk within their own organization, as well as any organization they wish to work ... Read More »

What Is a Cybersecurity Posture?

The world of cybersecurity and cybercrime is rapidly evolving and a new vocabulary is developing to match. A relatively new addition to the cyber-lexicon is the concept of a ‘security posture’ or ‘cybersecurity posture.’ What does this refer to? The cybersecurity posture of an organisation refers to its overall cybersecurity strength. This expresses the relative security of your IT estate, ... Read More »

Cybercrime and Fraud in the UK: True Extent of the Damage Revealed

The Crime Survey for England and Wales included the offences for the first time in its annual report, which covered the year to September 2016. There were an estimated 3.6 million cases of fraud and two million computer misuse offences in a year, according to a UK official survey.  Separate figures recorded by police showed an 8% rise in offences overall. The Office ... Read More »

Keep the Date: BIIA 2017 Biennial Conference Bangkok, Thailand October 18 to 20, 2017

BIIA invites business and credit information industry professionals to attend the BIIA 2017 biennial conference where we intend to discuss disruptive technologies  impacting our industry and the businesses of our customers.   Venue:  The Okura Prestige Hotel, Bangkok, Thailand    The conference will start with a Welcome Reception in the evening of the 18th October 2017.  The main conference sessions will ... Read More »

FICO and TSC Advantage Join Forces to Improve View of Cybersecurity Risk

Highlights: FICO and TSC Advantage now offer companies a joint solution that will help companies assess their exposure to cyber attacks The partnership combines the FICO® Enterprise Security Score, which quantifies the risk of a debilitating security event, with the TSC Advantage Secure Halo assessment, which reveals vulnerabilities across six major risk domains FICO announced a strategic alliance with enterprise security firm TSC ... Read More »

New China Cyber Security Law Comes with Data Protection Implications

On June 1, 2017, Chinese consumers and businesses, including financial institutions, will wake up to a more stringent set of rules regarding the creation and use of personal data. The new PRC Cybersecurity Law was passed after a third deliberation suggesting the extent to which the government sees the important of the Internet while recognizing the real threat posed it. ... Read More »

London Insurers Are Handling ‘hundreds’ Of Breach Claims

Insurance claims for data breaches are being made at a rate of more than one a day, figures from CFC Underwriting suggest. The London firm said that in 2016 it had handled more than 400 claims on cyber-breach policies it had issued. The main types of attack being claimed for were privacy breaches and the theft of cash with the massive amount ... Read More »

Healthcare Data Breaches in 2017 Will Get Worse

The health care industry is expected to be hackers’ most heavily targeted sector in 2017, according to the latest “Data Breach Industry Forecast” from Experian.  The explanation is simple: personal medical data is among the most valuable kinds of information to target because once the data is made inaccessible, health care officials will pay handsomely to get it back. These ... Read More »